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Apartment Building with Ground Retail
For Sale
Contact for pricing
Pending

120 S Governors Ave, Dover, DE 19904

Proposed 24-unit and 27-unit apartment buildings with ground-level commercial space.

Property SizeContact for details
Days on Market146

Property Features for 120 S Governors Ave

General Information

Standard status Pending
Property subtype Retail
Listing Agency: R & R Commercial Realty
Listed By: Charles Rodriguez · License #3293114
Source: Crexi
Added: Apr 11 Changed: Aug 23 Last Checked: Sep 2 at 5:04AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of R & R Commercial Realty

Investment Insights

Based on property information with market context.

This proposed multi-building apartment development includes a 24-unit apartment building and a 27-unit apartment building, with ground-level commercial space. The offering contemplates residential income units combined with retail space at street level.

The property is located at 120 S Governors Ave in Dover, Delaware, and is being marketed with both residential and ground-level commercial components.

Exact details on unit mix, building configuration, and the commercial tenant space are not provided in the available information, so interested parties should confirm specifications during due diligence.

Key Highlights

  • Proposed 24‑unit apartment building
  • Proposed 27‑unit apartment building
  • Includes ground‑level commercial space

Property Analytics

Current Use

Kent County Community ... Charitable Organization Auto Plus Auto ... Auto Parts Store

Suggested Use

Top Pick Carpet & Flooring Store Catering Service Veterinary Clinic Pet Grooming Service (Bike/Boat/Book/etc) Store Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,333
Businesses Nearby

Demographics for 19904, DE

36,880
Population
16,047
Households
2.3
Avg Household Size
38
Median Age
27%
College-Educated
91%
High-School Grad
43.2 sq mi
ZIP Area
854
Density / Sq Mi
$66,885
Median Household Income
$39,459
Median Earnings
$1,240
Median Rent
$281,000
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Proposed 24-unit and 27-unit apartment buildings with ground-level commercial space.
Where is this apartment building located?
The property is located at 120 S Governors Ave Dover, DE.
What are key features of this property?
This property features: Proposed 24‑unit apartment building; Proposed 27‑unit apartment building; Includes ground‑level commercial space
(302) 674-3400 Call to check price and availability
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